Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $4,100 under each of the following situations: Note: Use tables, Excel, or a financial calculator. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) 1. The payments are received at the end of each of the five years and interest is compounded annually. 2. The payments are received at the beginning of each of the five years and interest is compounded annually. 3. The payments are received at the end of each of the five years and interest is compounded quarterly. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 The payments are received at the end of each of the five years and interest is compounded quarterly. Note: Round your final answers to nearest whole dollar amount. PV Deposit Date First payment Second payment Third payment Fourth payment Fifth payment |- D... 4 3% 3% 3% 12 3% 3% 16 20 S Deposit 4,100 4,100 4.100 4,100 4,100

Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $4,100 under each of the following situations: Note: Use tables, Excel, or a financial calculator. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) 1. The payments are received at the end of each of the five years and interest is compounded annually. 2. The payments are received at the beginning of each of the five years and interest is compounded annually. 3. The payments are received at the end of each of the five years and interest is compounded quarterly. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 The payments are received at the end of each of the five years and interest is compounded quarterly. Note: Round your final answers to nearest whole dollar amount. PV Deposit Date First payment Second payment Third payment Fourth payment Fifth payment |- D... 4 3% 3% 3% 12 3% 3% 16 20 S Deposit 4,100 4,100 4.100 4,100 4,100

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 5Q: If Bergen Air Systems takes out a $100,000 loan, with eight equal principal payments due over the...

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